RDI.L Regulatory News (RDI)

RDI REIT P.L.C.

(FORMERLY REDEFINE INTERNATIONAL P.L.C.)

("RDI" or the "Company" or the "Group")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00B8BV8G91

LEI: 2138006NHZUMMRYQ1745

Redefine International P.L.C. name changed to RDI REIT P.L.C.

Today marks a significant event in the history of Redefine International P.L.C. as it changes its name and rebrands to RDI REIT P.L.C., an acronym for Real Estate Diversified Income REIT. The new brand is synonymous with the Company's intention to become the UK's leading income focused REIT delivering superior, sustainable and growing income for our shareholders which is supported by a diversified portfolio and tenant base.

The change of name and the new website address of www.rdireit.com will be effective from 8:00am today. The London Stock Exchange and JSE share codes, "RDI" and "RPL" respectively, will remain unchanged, as will the ISIN and SEDOL.

All current Redefine International P.L.C. share certificates will remain valid and will not be replaced with the new name until required.

Alongside the new name, the Company is also pleased to announce that it is relocating its London head office to 33 Regent Street, London, SW1Y 4NE, from Friday 8 December 2017.

Mike Watters, CEO of RDI commented:

"Having surpassed our ten-year milestone of listing on the UK's main market, we now look forward to the next decade with a fresh brand and a renewed emphasis on strategic priorities to support our ambition to become the UK's leading income focused REIT. As RDI REIT, we aim to establish a clear, independent identity, whilst maintaining some continuity through the link to our UK ticker symbol, "RDI". With progress well on track to deliver a higher quality portfolio and stronger balance sheet to shareholders, we consider this rebrand timely as we enter the next phase of growth for the business."

For further information:

Note to editors:

About RDI

RDI is a FTSE 250 UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term.

Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any one sector or tenant, together with an efficient capital structure. The secure and growing income stream is 39% indexed and has a WAULT of 7.4 years to first break (8.5 years to expiry). This is complemented by an average debt maturity of 7.3 years of which over 90% of interest costs are either fixed or capped. The Company is focused on all aspects impacting shareholder distributions and reports one of the lowest cost ratios in the industry whilst maintaining a low cost of debt. All figures as at 31 August 2017.

The Company owns properties independently valued at £1.5bn in the United Kingdom and Germany, Europe's two largest and most transparent property markets. RDI invests in assets with strong property fundamentals spread across UK shopping centres, UK retail parks, UK offices, UK logistics, UK hotels and German retail.

RDI holds a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange and is included within the FTSE 250, EPRA and GPR indices.

For more information on RDI, please refer to the Company's website www.rdireit.com